In a world increasingly focused on energy efficiency and sustainability, Nidec (OTCPK:NJDCY) (6594.T) is built to thrive. The opportunity to provide traction motors and e-axles for electric vehicles is pretty straightforward, but opportunities like more efficient brushless motors for appliances and small precision motors for computer cooling (including data centers) may not be quite as obvious.
I’ve been bullish on Nidec for some time, and the shares are up around 200% from when I first wrote about the company for Seeking Alpha in 2017, but “only” about 10% since my last update in mid-December. The valuation here is no bargain, and I freely admit that. But for investors looking for a well-above-average growth story with legs out to at least a decade and not so concerned about valuation, this is still a name to consider.
Read the full article at Seeking Alpha:
No comments:
Post a Comment